IHG Rewards Club is offering a flash sale for IHG points purchase through the next few days. You get a 100% bonus, which is the best that I have seen IHG offer on buying points.
You can buy a maximum of 60,000 IHG Rewards Club points per annum with IHG. Points can be purchased in multiples of 1,000, and start for 13.5 USD for the first 1,000 points.
In this round, the 100% bonus is awarded on the purchase of a minimum of 5,000 points. With the 100% bonus kicking in the price per point will go down to 0.5 US cents. If you max out the promotion you will pay 600 USD for 1,20,000 points. You can either choose to buy the points yourself or receive it as a gift. It will take up to 2 days for the points credit to reflect in your account.
IHG Rewards Club is considered to be the one of the world’s largest hotel loyalty program by membership numbers with over 100 million members and has over 5,000 hotels in nearly 100 countries. The group currently has close to 30 hotels in India that are mostly mid-scale, though there is a reasonable footprint across Asia.
IHG does have some aspirational properties in their portfolio and some hotels where you could gain value from redemptions are:
Hotel Indigo Seminyak Beach, Bali: Priced at USD 300 a night, just for 30,000 points this is a great redemption choice as the value of points under this offer drive costs all the way down to USD 172.5 a night.
Another good use of IHG points is at the Intercontinental ANA, Tokyo A room night here is priced at USD 400 a night and will cost you about USD 287.5 for 50,000 Rewards Club points.
Also, these points come very handy if you want to use them for PointBreaks where you can get a night for just 5,000 points to 15,000 points. It is like picking up a hotel room for USD 34 only.
Bottomline:
Like always, I believe that buying points without having a redemption in mind are not a good idea. But the vacation season is coming up and if you are planning a break then it may be a good idea to top up your account now.
Are you buying IHG points during this purchase promotion?
It should be 0.05 $, please check.
$600/120000 = $0.005